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Lyft(LYFT) - 2022 Q3 - Earnings Call Transcript
2022-11-08 01:34
Lyft, Inc. (NASDAQ:LYFT) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET Company Participants Sonya Banerjee - Head, IR Logan Green - Co-Founder, CEO & Director Elaine Paul - CFO John Zimmer - Co-Founder, President & Vice Chairman Conference Call Participants Douglas Anmuth - JPMorgan Chase & Co. Stephen Ju - Crédit Suisse Mark Mahaney - Evercore ISI John Blackledge - Cowen Eric Sheridan - Goldman Sachs Steven Fox - Fox Advisors Deepak Mathivanan - Wolfe Research Brian Nowak - Morgan Stanley Be ...
Lyft(LYFT) - 2022 Q2 - Earnings Call Transcript
2022-08-04 23:52
Lyft, Inc. (NASDAQ:LYFT) Q2 2022 Earnings Conference Call August 4, 2022 4:30 PM ET Company Participants Sonya Banerjee - Head, IR Logan Green - Co-Founder, CEO & Director Elaine Paul - CFO John Zimmer - Co-Founder, President & Vice Chairman Conference Call Participants Douglas Anmuth - JPMorgan Chase & Co. Stephen Ju - Crédit Suisse Mark Mahaney - Evercore ISI John Blackledge - Cowen and Company Steven Fox - Fox Advisors Eric Sheridan - Goldman Sachs Group Brian Nowak - Morgan Stanley Itay Michaeli - Citig ...
Lyft(LYFT) - 2022 Q2 - Quarterly Report
2022-08-04 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissio ...
Lyft(LYFT) - 2022 Q1 - Quarterly Report
2022-05-09 16:00
Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commissi ...
Lyft(LYFT) - 2022 Q1 - Earnings Call Presentation
2022-05-06 20:10
MAY ú, ù÷ùù Qø Fiscal ù÷ùù Earnings Supplemental Data lyA Forward Looking Statements & Non-GAAP Financial Measures This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Lyft's future financial or operating performance. In some cases, you can identify forward lookin ...
Lyft(LYFT) - 2022 Q1 - Earnings Call Transcript
2022-05-04 02:10
Lyft, Inc. (NASDAQ:LYFT) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET Company Participants Sonya Banerjee - Head of IR Logan Green - Co-Founder and CEO Elaine Paul - Chief Financial Officer John Zimmer - Co-Founder and President Conference Call Participants Doug Anmuth - JPMorgan Eric Sheridan - Goldman Sachs Stephen Ju - Credit Suisse Mark Mahaney - Evercore Deepak Mathivanan - Wolfe Research Ygal Arounian - Wedbush John Blackledge - Cowen Brad Erickson - RBC Benjamin Black - Deutsche Bank Steve ...
Lyft(LYFT) - 2021 Q4 - Annual Report
2022-02-27 16:00
Business Operations - Lyft has established one of the largest transportation networks in the United States and Canada, adapting to local market dynamics in real-time[35] - Lyft's ridesharing marketplace connects drivers with riders across the U.S. and select Canadian cities, optimizing earning opportunities for drivers[36] - The company aims to grow its active rider base by offering discounts for first-time riders and incentives for existing riders, alongside increasing driver availability[47] - Lyft has launched Lyft Rentals and Express Drive programs to cater to users needing flexible transportation options[36] - Lyft's technology platform leverages historical data and machine learning to enhance user experience and balance supply and demand in the marketplace[42] - The company plans to pursue mergers and acquisitions selectively to expand its capabilities and market presence, having previously acquired Bikeshare Holdings and Flexdrive[47] Financial Performance - As of December 31, 2021, the company had unrestricted cash, cash equivalents, and short-term investments totaling approximately $2.3 billion[412] - The company had long-term debt of $711.4 million, with 85% consisting of fixed-rate Convertible Senior Notes issued in May 2020[413] - A hypothetical 100 basis points change in interest rates would not have a material impact on the company's financial condition or results of operations due to the short-term nature of its investment portfolio[412] - The company also holds restricted cash, cash equivalents, and restricted investments amounting to $1.1 billion[412] - Market risks primarily relate to fluctuations in interest rates, which have not been significant to date[411] Safety and Customer Care - Lyft's Safety and Customer Care (SCC) team, with over 300 employees, focuses on resolving customer support inquiries and was ranked number one in Newsweek's 2021 America's Best Customer Service for the Taxi and Ridesharing category[56] - From 2017 to 2019, over 99% of Lyft trips occurred without any reported safety incidents, accounting for only 0.0002% of all trips during that period[57] Environmental Initiatives - Lyft aims to achieve 100% electric vehicles (EVs) on its platform by the end of 2030, potentially avoiding tens of millions of metric tons of greenhouse gas emissions and reducing gasoline consumption by over 1 billion gallons over the next decade[71] - Lyft's Resilient Streets Initiative aims to improve urban transportation efficiency and reduce vehicle miles traveled while addressing socioeconomic demographics and greenhouse gas emissions[70] Employee Demographics and Equity - As of December 31, 2021, Lyft had 4,453 employees across approximately 119 offices, with 40% working in product management, engineering, design, and science[62] - Lyft's employee demographics as of December 31, 2021, included 59% male and 39% female, with women representing 37% of leadership roles[63] - Lyft conducted an annual pay equity audit in 2021, finding no statistically significant pay differences among gender or racial groups after accounting for legitimate business factors[65] Marketing and Community Engagement - Lyft's marketing efforts utilize various channels, including referrals, partnerships, and social media, to attract new drivers and riders while engaging current users[54] - The company has launched initiatives like LyftUp to provide access to affordable transportation for underserved communities, including programs for job access and grocery access[72][76] Regulatory Environment - The company is subject to a wide range of evolving laws and regulations, which may impact its business operations and financial conditions[60] Competitive Landscape - The competitive landscape includes major players like Uber and Via in ridesharing, and Lime and Bird in bike and scooter sharing, posing ongoing challenges for Lyft[49] Intellectual Property - As of December 31, 2021, Lyft held 343 issued U.S. patents and had 310 U.S. patent applications pending, indicating a strong focus on intellectual property[44] Partnerships - Lyft's partnership with Amazon Web Services includes a commitment to spend at least $350 million on AWS services between February 2022 and January 2026, with a minimum of $80 million each year[40] Seasonal Demand - Lyft's revenue may fluctuate seasonally, with expected declines in demand during winter and potential increases in demand for Light Vehicles during favorable weather[52]
Lyft(LYFT) - 2021 Q4 - Earnings Call Presentation
2022-02-16 12:55
FEBRUARY ÿ, ù÷ùù Qû Fiscal ù÷ùø Earnings Supplemental Data lyA Forward Looking Statements & Non-GAAP Financial Measures This presentation and the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Lyft's future financial or operating performance. In some cases, you can identify forward l ...
Lyft(LYFT) - 2021 Q4 - Earnings Call Transcript
2022-02-09 01:14
Lyft, Inc. (NASDAQ:LYFT) Q4 2021 Earnings Conference Call February 8, 2022 4:30 PM ET Company Participants Sonya Banerjee - Head, Investor Relations Logan Green - Co-Founder and Chief Executive Officer John Zimmer - Co-Founder and President Elaine Paul - Chief Financial Officer Conference Call Participants Doug Anmuth - JPMorgan Stephen Ju - Credit Suisse Alex Potter - Piper Sandler Eric Sheridan - Goldman Sachs Ed Yruma - KeyBanc Capital Brian Fitzgerald - Wells Fargo Brian Nowak - Morgan Stanley Mark Maha ...
Lyft(LYFT) - 2021 Q3 - Quarterly Report
2021-11-03 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________________________ FORM 10-Q _________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Comm ...